Donetsk, Oct 31 — DAN. The right to manage maternity capital has been granted to 639 residents of the Donetsk People’s Republic who mostly opted for monthly payments, the press service of the Social Fund Department for the DPR told the Donetsk News Agency.
“As of October 16, 2023, 21,974 maternity (family) capital certificates had been issued in the DPR territory, ” the press service said. “The Fund made 639 decisions on putting the benefit at recipients' disposal.”
Of those, 571 people requested monthly payments for children up to three years of age, 36 families decided to spend the money on children’s education, 29 families would improve their living conditions and three would contribute to the funded component of the state pension, the Social Fund said.
Maternity capital is a method of state support to Russian families as part of the national project “Demography.” Maternity capital has been provided after the birth of the first child since January 1, 2020. At present, it is worth 586,900 rubles ($6,294.27) for first child and 775,600 ($8,318) rubles for second child if the family did not claim the subsidy for the first child. In 2024, maternity capital payments will be worth over 495 billion rubles ($5.3 billion). *jk